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Nshona Group
In this Group: Comfort, Anthony
Nshona group is made up of Comfort, 56 years old and Anthony, 43 years old. They live both in Teshie. Both are very good clients because they have been loyal to ID-Ghana since they started taking loans from the micro-finance.

Comfort operates a cold store where she sells ice; fish, chicken and meat. She has been doing this work for 22 years and she is in her 5th loan cycle.

They need a total of 1,600 Ghana cedis to be able to expand businesses. 900 Ghana cedis for Comfort and 700 Ghana cedis for Anthony.

Additional Information

About ID Ghana

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $2,643
    Average annual income
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Nshona Group's $825 loan helped a member to buy more fish and chicken to be able to increase profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013